The US, where investors have been overweight because of the dollar’s safe haven status, faces headwinds ahead. These include heightened prospects of the American economy entering into a recession and a weakening currency, which will likely rebalance flows in favour of emerging markets.
There's more to this story
Get unlimited access to our exclusive journalism and features today. Our award-winning team of correspondents and editors report from over 54 African countries, from Cape Town to Cairo, from Abidjan to Abuja to Addis Ababa. Africa. Unlocked.
Already a a subscriber Sign In